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Venture capital firm Accel said Tuesday it's raised $650 million for its eighth fund targeted at investing in European and Israeli early-stage startups, in a sign the venture capital market may be showing signs of a recovery.
BRUSSELS -- Two Chinese groups have withdrawn from a solar project in Romania after the European Union launched a fair competition investigation against them, an EU official said Monday.
While Europe is in the process of setting up a production line to manufacture GEM-T missiles for European Patriot batteries, Israel has decided to take its Patriot systems out of service. Do the Israelis know something the Europeans do not?
Given the likelihood of an extended heatwave this summer, the Indian government has ordered all gas-based power stations to be operational from May 1 to June 30. Power demand reached a record 243 gigawatts last September, and is forecast to hit 260GW this summer.
For having launched an anti-subsidy investigation into Chinese wind turbo operations in five member countries, the European Union is accused by Beijing of protectionism.
BEIJING (AP) — China has accused the European Union of protectionism and “reckless distortion” of the definition of subsidies in response to a new EU investigation into Chinese wind turbine makers.
Subsidy investigations started by the European Union interfere with the mutually beneficial cooperation between China and Europe, and China resolutely opposes them, a Chinese commerce ministry official said.
BRUSSELS (Reuters) -- The European Commission has opened a new investigation into subsidies received by Chinese suppliers of turbines destined for wind parks in Europe, in its latest action against manufacturers of clean tech products in China.